When we talk about mining, we all imagine the same thing: ore being excavated, hauled, treated, and then sold at profit. Mining is innovative and exciting, and certainly can become quite complicated. But there’s one thing we don’t really think about – and that’s what comes after the mine is finished producing at profit, and […]
We all think we know how to network. I mean, it seems simple on the surface, right? You arrive at the event, well-dressed, grab some drinks and just start working the room. You talk to everyone, exchange information and maybe business cards, and move on. Easy. But what if there was something else you should […]
After hundreds of requests for a business plan template, we decided to post the following business plan template as a guideline to help entrepreneurs identify the basic needs to start their firms. A business plan is an essential roadmap for business success. As such there is no single business plan template that will fulfill every […]
Last week, we explored the first steps of the five decision making models for strategic mine management. To refresh your memory, those five models are: Intuition Financial planning Forecast-based planning Shareholder value focus Organizational learning Intuition and financial planning are the foundation for a strong and comprehensive strategy. A deep intuitive understanding of the industry and its […]
Throughout the history of mining, the challenges facing the industry have always been in flux. Likewise, the guidelines governing mining project development decision making, have needed to adjust as well. However, there are five basic Decision Making Models in strategic management that have remained the same: Intuition Financial planning Forecast-based planning Shareholder value focus Organizational […]
Now that you have got your top priorities sorted, what else can you do to maximize revenue? How about we take a look at the system as a whole? Here’s where we see how our supply chain can make a big difference. The link between supply chain practices and procedures and financial performance has long […]
With requirements of safety and mineral purity going up and up and up, how do mining projects still operate at enough profit to keep the mine in business? Most leading performers in the mining industry cite capital projects delivery as the key to their success. Here, “leading performers” are those who deliver their projects consistently […]
Last week we discussed the importance of keywords in our post: Social Media Strategy: The Quest for Keywords. We concluded that knowing your target audience is essential to keyword selection, which in turn is crucial to drive traffic to your page. …but is it enough to have your blog sitting on a single website? Wouldn’t […]
Words are mightier than the sword – true, but some words are more powerful than others. Which ones? Keywords! But why are keywords more powerful than your average word? Keywords are powerful due to their popularity, usefulness, or the idea behind them. Think about it… word choice is what makes a headline sore to the […]
Typical portfolio and asset management firms approach their growth plans as strategic capital allocation. According to this approach, asset management firms evaluate where to put their money based on market analyses and projections. Following this approach, resource companies should worry about which commodity will perform better. Why is this approach the wrong approach for mining […]
So, How Do I Explore Market Needs, Anyway? So, you’re standing in the shower one night, or taking a quiet walk alone, and all of a sudden, it hits you. It’s perfect. It’s complete. It’s radical. It’s the coolest thing you’ve thought of, possibly ever, and you’re sure others would agree! You immediately want to […]
In general, technology startups are presented with two business models to market their technologies. In both cases, the innovation or technology developer have to protect their intellectual property (IP). There are three different types of IP protection: patents, copyrights, and trademarks. Click here for differences and more details. In this post we discuss the pros […]